The Australian Dollar soared on Wednesday as traders boosted Chinese economic confidence. Still, AUD/USD was unable to clear key resistance, maintaining a neutral bias.
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Etiqueta: DailyFX – Market News
S&P 500, Nasdaq, Dow Jones: Range Through FOMC Minutes, NFP on Deck
Equities are ranging and the S&P is coiling into a tighter consolidation formation as a symmetrical triangle has built inside of a rectangle formation.
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Dollar Recovery Remains Unclear After FOMC Minutes Keeps Inflation in Focus
The Federal Reserve released the transcript of its controversial December rate decision. Despite a clear focus holding to inflation, the markets remain unfazed in discounting their intentions with the Dollar waffling while Treasury yields hold firm.
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Japanese Yen Price Action Setups: USD/JPY, EUR/JPY, GBP/JPY, CAD/JPY
USD/JPY has dropped by more than 1,000 pips from the Q4 high – is more Yen-strength afoot?
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SPX 500, Nasdaq Uncertain Ahead of FOMC Minutes – ISM Falls
S&P 500 and Nasdaq futures have remained under pressure ahead of FOMC minutes. While recession rate expectations continue to drive sentiment, stocks remain vulnerable.
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Educ Arte Económico 